Lloyds

Ex-Lloyd’s CEO lost US$17 million AIG job after office romance

[WASHINGTON] American International Group’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what cause...

Stripping out the car finance charges, “strong capital generation was supported by income growth, cost discipline and strong asset quality in the first nine months of 2025“.

Lloyds bank says profits shrink on bad car loans

Profit after tax dropped 14% to £2.9 billion in the first nine months of the year

Lloyds chief people and places officer Sharon Doherty said the bank needed to see higher turnover among its lowest performers.

Thousands of Lloyds staff at risk of dismissal in performance overhaul: FT

About 3,000 people will be told their work must improve or they face the axe

The bank also said it would pay an interim ordinary dividend of 1.22 pence per share, equivalent to £731 million, up 15 per cent on the prior year.

Britain’s Lloyds says profits up 5%, even as economic outlook dims

Statutory profit before tax for the first six months of the year was £3.5 billion

Lenders such as Lloyds and rival NatWest have enjoyed bumper profits in recent years as rising interest rates lifted the returns they could make from lending, but now face the challenge of maintaining returns while rates fall.

Lloyds sees growing confidence, rising house prices as Q3 profit beats forecasts

It reported statutory pre-tax profit for the July-September period of £1.8 billion, narrowly down from £1.9 billion a year ago

Lloyd’s also said it proposed a new category of misconduct aimed at those who mistreat witnesses and whistleblowers. Other categories of misconduct include dishonesty and bullying and harassment.

Lloyd's of London plans overhaul of 'unclear' conduct rules

It has come under scrutiny for conduct issues, including sexual harassment

Lloyd's of London chairman Bruce Carnegie-Brown said Insurance prices are starting to flatten.

Commercial insurance prices may not yet be coming down, Lloyd’s chairman says

COMMERCIAL insurance premiums may not yet be turning lower despite years of increases, Lloyd’s of London chairman Bruce Carnegie-Brown told Reuters, as the market reported a 26 per cent jump in first-...

The interior of Lloyd's of London building in the financial district in London. Gross written premiums rose 6.5 per cent to £30.6 billion.

Lloyd's of London reports 26% jump in H1 profit

The market’s “superb” results reflected “a combination of disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet”

HSBC, based in London, has clamped down on everything from business travel to new hiring, with even senior bankers being challenged over relatively small expenses.

UK banks cut business-class flights and taxis in cost-saving drive

The BOE’s interest rate cuts will hit the profits of UK’s large, global banks